3evi

Bengaluru, India Founded: 2019 • Age: 7 yrs Minicorn
Three-wheel electric vehicles are manufactured along with hyper-local connectivity services.

About 3evi

3evi is a Transportation, Automotive & Logistics company based in Bengaluru (India) founded in 2019 by Suman K Mishra and Peter Hartmut Voelkner. Three-wheel electric vehicles are manufactured along with hyper-local connectivity services. 3evi has raised $39.65 million across 10 funding rounds from investors including Mahanagar Gas, Credence Family Office and Auto Hangar. The company has 178 employees. 3evi was last valued at $46.21 million in March 2025. Its Indian entity 3Ev Industries Private Limited reported revenue of β‚Ή54.48 Cr. Its focus areas include Energy Tech, Electric Vehicles, Automaker and Commercial Vehicles. Its competitors include TI Clean Mobility, ETO Motors and Montra Electric; 2 of its 3 listed competitors have raised funding.

Company details

The company was founded in 2019 in Bengaluru, India, focusing on the electric mobility sector. Three-wheel electric vehicles are designed, developed, manufactured, and operated for cargo and passenger transport. Hyper-local connectivity solutions are offered through a software system for resource management and optimization. Enterprise-grade logistics services address middle- and last-mile delivery needs, while conversion kits are provided to electrify existing internal combustion engine vehicles.

  • Headquarters Bengaluru, India
  • Employees 178
  • Founders Suman K Mishra, Peter Hartmut Voelkner
  • Stage Minicorn
  • Sectors
    Transportation, Automotive & Logistics
  • Email
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  • Phone
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  • Website 3evi.com
  • Social LinkedIn Facebook YouTube
  • Legal Name 3Ev Industries Private Limited
  • Date of Incorporation 30 Apr, 2019
  • Jurisdiction Bangalore, Karnataka, India
Key Metrics
  • Annual Revenue
    ₹54.48 Cr

    FY 2025 · +205% YoY

  • Net Loss
    -₹22.10 Cr

    FY 2025 · -41% margin

  • EBITDA
    -₹7.08 Cr

    FY 2025 · -13% margin

  • Total Equity Funding
    $39.65M (USD)

    in 10 rounds

  • Latest Funding Round
    $13.46M (USD), Series A

    Nov 2025

  • Investors
  • Employee Count
    178

Apps and channels of 3evi

3evi publishes 2 mobile apps with over 20 downloads; its YouTube channel 3ev Industries has 18 subscribers and 1 videos.

3eco+
Google Play Business Everyone Free
Developer: 3eco Developer
View on Google Play
3ecoX
Google Play Business Everyone Free
Developer: 3eco Developer
View on Google Play
3ev Industries
YouTube 18 subscribers 1 videos Autos & Vehicles
Open channel

Videos from 3evi

The most watched videos on 3evi's YouTube channel, 3ev Industries (18 subscribers). Click a video to play it here.

SHAKTI8 CARGO Run at Mumbai 2020
454 views

More on 3ev Industries.

Funding Insights of 3evi

3evi has successfully raised a total of $39.65M across 10 strategic funding rounds. The most recent funding activity was a Series A round of $13.46 million completed in November 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $39.65M
  • Total Rounds 10
  • Last Round Series A β€” $13.46M
  • First Round $138,898

    (Feb 2020)

  • Investors Count 33

All 10 funding rounds of 3evi with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Nov 2025$13.46MSeries A–Mahanagar Gas
–
Mar 2025$1.41MSeries A$46.21MBhishma Realty Ltd.
Mar 2024$6.02MSeries A$34.05M–
–
Feb 2024$11.56MSeries A–Mahanagar Gas
–
Aug 2022$456,180Seed$‒‒‒‒‒–
Jul 2022$935,504Seed$‒‒‒‒‒–
–
Jun 2022$2.5MSeed$β€’β€’β€’β€’β€’Matthew Paul Calhoun
Nov 2021$2.02MSeed$β€’β€’β€’β€’β€’Kate K Dinshaw
Aug 2020$1.15MAngel Round$β€’β€’β€’β€’β€’Matthew Paul Calhoun
Feb 2020$138,898Seed––
–
Valuation history
DateValuationStage
Mar 2025$46.21Mβ€’β€’β€’β€’β€’β€’β€’β€’
Mar 2024$34.05Mβ€’β€’β€’β€’β€’β€’β€’β€’
Aug 2022$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
Jul 2022$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
Jun 2022$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
Nov 2021$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
Aug 2020$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
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Full valuation and stage history of 3evi

Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.

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Last known valuation $46.21M (Mar 2025). 33 investors in total: 14 institutional and 19 angel.

Investors in 3evi

3evi has secured backing from 33 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Mahanagar Gas, Credence Family Office and Auto Hangar.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Venture capital and single family offices investing in multiple sectors
Multiple sectors are invested in by the private equity firm.
Dallas, United States
Private equity firm focused on multiple sectors
Mumbai, India
Natural gas is distributed to households and industries in Mumbai.
1995mahanagargas.comMumbai, India
Multi Family Office
2010credencefamilyoffice.comBengaluru, India
Offers luxury car sales, pre-owned vehicles, insurance, and coffee machines.
autohangar.comIndia
Provides software solutions for document management and automation in various industries.
1980ddilink.comCharlotte, United States
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Investor details for 3evi

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Board of directors of 3Ev Industries Private Limited (3evi)

3Ev Industries Private Limited is the primary company behind 3evi. The boards of the 2 registered companies of 3evi currently have 4 directors; the longest-serving is Chinnagandham Bhupathi Gopalakrishna, appointed in 2017. 7 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Chinnagandham Bhupathi Gopalakrishna
DIN 01266348
Director08 Mar 20179 yrs 7 moRugged Solar Products Private Limited
Peter Hartmut Voelkner
DIN 07713175
Director08 Mar 20179 yrs 7 moRugged Solar Products Private Limited, 3Ev Industries Private Limited
Manas Kumar Das
DIN 08127935
Director21 Mar 20242 yrs 7 mo3Ev Industries Private Limited
Karan Kadaba
DIN 06947935
Additional Director03 Oct 20251 yrRugged Solar Products Private Limited, 3Ev Industries Private Limited

People of 3evi

3 people are tracked at 3evi (3 in leadership); the tracked headcount is 178.

NameRoleGroup
Suman K Mishra
Co-Founder & CTOLeadership
Co-FounderLeadership
Suman Mishra
Chief Revenue Officer (CRO)Leadership
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Financials of 3evi

Figures of 3Ev Industries Private Limited, the primary company behind 3evi, for FY 2025. Revenue was ₹54.48 Cr (+205% year on year). Net loss was -₹22.10 Cr (-41% margin). EBITDA was -₹7.08 Cr (-13% margin). Revenue has grown at a compounded annual rate of +90% over three years.

  • ₹54.48 CrRevenue · FY 2025 · +205% YoY
  • -₹22.10 CrNet loss · -41% margin
  • -₹7.08 CrEBITDA · -13% margin
  • ₹22.5 LakhPaid-up capital
  • 178Employees (provident fund records)
  • +90%Revenue CAGR, 3 years

Balance sheet, profit and loss, cash flow and ratios of 3Ev Industries Private Limited are on its company page.

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Detailed financial statements for 3evi

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Timeline of 3evi

4 dated milestones of 3evi across 6 years, from founding to its latest funding, stage changes and deals.

  1. Founded 3evi is founded.
  2. Funding First funding round of $139K.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Series A, of $13.5M.

Competitors of 3evi

3evi has 3 listed competitors in our database, 2 of them funded. They include TI Clean Mobility, ETO Motors and Montra Electric.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
2022Chennai, India$519.2M530
Electric three-wheelers are designed, manufactured, and marketed for passenger transport.
etomotors.com2018Hyderabad, India$15.2M109
Online platform offering electric vehicles and fleet management solutions
montraelectric.com2020Chennai, India522
Electric three-wheelers are manufactured by Montra Electric in India.
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Detailed competitors of 3evi

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Web traffic of 3evi

The website of 3evi (3evi.com) receives about 2.1K visits a month.

  • Monthly visits
    2.1K

    ▲ 5.7% vs previous month

Top companies in Electric & Green Mobility

3 companies that operate in the same segment as 3evi (Electric & Green Mobility) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Electric ride-hailing and cab services are provided via mobile app.
2019Mumbai, Maharashtra, IndiaUSD 168.52 M
Shared electric two-wheelers are rented via an online platform.
2017Bengaluru, Karnataka, IndiaUSD 187.54 MUSD 2.14 M251
Manufacturer of electric scooters, charging infrastructure, smart helmets, and accessories
2013Bengaluru, Karnataka, IndiaUSD 502.02 MUSD 391.37 M1,917
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Related news about 3Evi

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Frequently Asked Questions about 3evi

3evi was founded in 2019 and raised its 1st funding round 1 year after it was founded.

3evi is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

3evi is a funded company, having raised a total of $39.65M across 10 funding rounds to date. The company's 1st funding round was a Seed of $138.9K, raised on Feb 2020.

3evi has 178 employees.

The primary company behind 3evi, 3Ev Industries Private Limited, reported revenue of β‚Ή54.48 Cr for FY 2025, up 205% year on year.

The company was founded in 2019 in Bengaluru, India, focusing on the electric mobility sector. Three-wheel electric vehicles are designed, developed, manufactured, and operated for cargo and passenger transport. Hyper-local connectivity solutions are offered through a software system for resource management and optimization. Enterprise-grade logistics services address middle- and last-mile delivery needs, while conversion kits are provided to electrify existing internal combustion engine vehicles.

3evi's top competitors include ETO Motors, TI Clean Mobility and Montra Electric.

3evi has 33 investors. Key investors include Mahanagar Gas, Credence Family Office, Auto Hangar, 4d Vision, and Digital Designs.

The valuation of 3evi is $46.21M as of Mar 2025.

3evi is associated with 2 legal entities: 3Ev Industries Private Limited, Rugged Solar Products Private Limited.

The legal entities of 3evi currently have 4 directors, including Chinnagandham Bhupathi Gopalakrishna, Karan Kadaba, Peter Hartmut Voelkner and others.

Yes. 3evi publishes 3eco+ and 1 more app, with over 20 downloads.

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